ATM Cards Research Articles

Paperless libraries: The trending way to go in the fifth industrial revolution

The idea that spurred the author’s interest in carrying out this study results from understanding a cashless society, where users of banking systems only move around with their ATM cards. With their ATM cards, they can access their money anywhere globally. This approach could resonate in libraries, where we now have a paperless society, having cost-benefit analysis in the era of the fifth Industrial Revolution (5IR). The 5IR has to do with humans interacting between technology or machines either to solve individual and organizational societal problems from a general or specific perspective. The interaction between humans and technology would assist in recognizing the synergistic in addressing the support for task accomplishment. The methodology applied is in two stages, first, a systematic literature review and second, interpretive content analysis of literature harvested from the database of Scopus. Findings revealed that technological advancements have enabled paperless libraries such that on-screen reading is increasingly prevalent, rapid development support through mobile computing, software, and internet/connections/Wi-Fi, multifarious electronic information retrieval among others. Furthermore, other findings were anchored on the relevance of paperless libraries in the 5IR, the functionality of paperless library systems, enhanced accessibility, and inclusivity, collaboration and connectivity, and environmental impact. Meanwhile, certain challenges and mitigation strategies were proffered. The study concludes that as we navigate this transformative era, the emergence of paperless libraries stands as a testament to the harmonious integration of technological prowess and human aspirations. Therefore, envision human-machine interactions be encouraged to bring about paperless libraries, considering the significance of AI and human-centric innovation.

Contemporary Issues and Challenges of Institutional Finance in Bihar: An In-depth Study

It has been observed that the Public sector banks in Bihar are prominent in institutional credit and deposits. They play a vital role for expansion of the economic activities and filling the credit gaps. The number of customers visiting the banks has come down due to the use of technology in their functioning. Wide spread use of debit cards, credit cards, ATM cards, UPI transactions, services of CSPs, internet and mobile banking services has changed the banking habits of the customers. The network of banks through Grahak Seva Kendras or Customer Service Points is expanding rapidly. Public sector banks lead in deposits and advances in comparison to the private banks, cooperative banks and other small finance banks. Commercial banks have twice non-performing assets vis- a- vis the regional rural banks. The state has enormous constraints due to the prevalence of weak governance, lack of infrastructure, complex social stratification, persistent poverty, etc. High dependence on public sector banks, credit gaps, credible underwriting digital innovations and high non-performing assets are the major challenges before the institutional finances in Bihar.

Ảnh hưởng của công nghệ thông tin và truyền thông đến mức độ sử dụng sản phẩm và dịch vụ tài chính của hộ gia đình: Nghiên cứu tại Việt Nam

his paper uses the binary logistic regression method with the 2020 Vietnam Living Standards Survey data set of the General Statistics Office of Vietnam to evaluate the impact of information and communications technology on the level of use of financial products/services of households. Research results show that information and communications technology positively impacts the use of financial products/services. Increasing access and use of information and communications technology increases the likelihood of households having bank accounts, ATM cards, savings accounts, and participating in life insurance. This study also provides new evidence that households' access to information from the commune/ward radio system will increase the level of household use of financial products/services. From the results obtained, the research proposes recommendations for the Government, the State Bank of Vietnam, and financial institutions to enhance the positive impact of information and communications technology on the level of use of financial products/services by households.

The Digital Payment System: How Does It Impact Indonesia's Poverty?

Digital payments are currently well-developed and available through various methods, especially in Indonesia. Digital payments are essential in ensuring the country’s economy keeps running and in helping to boost the economy. However, the impact of such payments on poverty is currently unknown. This study examines the impact of digital payments on poverty rates in Indonesia. We use the ECM (Error Correction Model) to analyze the impact of digital payments on poverty in the short and long term, using data from 2009 to 2022. The results show that an increase in digital payments through the volume of ATM and debit card transactions is associated with short and long-term poverty reduction. Meanwhile, the variable volume of credit card transactions and volume of electronic money transactions does not significantly impact poverty in the short or long term. Economic growth as a control variable also plays a role in reducing poverty significantly in the long term.

APPRAISAL OF BANK’S LIABILITY ON AUTOMATED TELLER MACHINE (ATM) DEBIT-WITHOUT-DISPENSING TRANSACTION UNDER NIGERIAN LAW: JWAN V. ECOBANK & ANOR. IN PERSPECTIVE

Technological advancement has been adopted in the banking sector through the use of ATM and ATM cards issued by banks to ease saving and withdrawal of money by customers. Once a customer’s account is liquid, the insertion of an ATM card in an ATM and following the procedure, should lead to cash dispensation. However, there are instances where a customer’s account is debited but the money is not dispensed. This is an ATM debit-without-dispensing quagmire. Recently, the Nigerian Court of Appeal in Jwan v. Ecobank & Anor held that an ATM card is akin to a cheque, where it is inserted into an ATM by a customer whose account is funded, a debit-without-dispensing transaction equals to a dishonoured cheque which is breach of banker’s duty to the customer. This conclusion was reached based on the doctrine of res ipsa loquitur. This paper adopts doctrinal method in examining the propriety of making an ATM card akin to a cheque. It attenuates the nuances of the decision with particular reference to the ambit of banker’s duty of care. It seeks to evaluate whether the decision took cognisance of the vagaries of technological glitches in technology driven transaction like the ATM. It discusses the impact of the decision on Nigeria’s banker-customer jurisprudence. It makes vital recommendations as way-forward.

Penggunaan Kartu ATM Terhadap Konsumtivisme Mahasiswa Program Studi Pendidikan Ekonomi, Universitas Flores

The aim of this research is to determine the effect of using ATM cards on the consumerist behavior of students in the Economic Education study program. The type of research used is explanatory which is used to identify why a phenomenon occurs and how variables influence each other, namely the use of ATM cards influences student consumptive behavior. The data collection technique uses documentation studies and questionnaires, the analysis tool uses simple regression analysis. The results show that the use of ATM cards has a significant effect on the consumerist behavior of economic education students with a percentage of 83%. The conclusion is that ATM cards do make it easier for students to carry out financial transactions, but on the other hand they can also encourage consumer behavior. The solution that can be given to reduce this is by providing education about financial literacy.

Business Process Re-engineering, and its Possible Applications for Improving the Libyan Banking Sector

his paper investigates the possibility forimproving the performance level within the Libyanbanking sector. A survey methodology was used forthis study, along with customers’ observations andone-to-one interviews with a couple of decision makersand executive managers within the Jamhouriya Bank,investigating the current status for adapting theprinciples of Business Process Re-engineering (BPR).Based on the data analysis, the findings show thatBPR is widely accepted by majority of theparticipants, whereas, the working environment needsto be prepared for adapting the BPR conceptsthroughout the entire banking operations, specificallythe electronic services such as ATM cards. Thefinding also indicates that, improvements in theperformance levels of the banking operations leads toimproving the customer services in terms of costreduction and fast services delivery. On the otherhand, the results also pointed out that the surveyedorganizations do not pay that much attention to someCritical Success Factors that being considered ascrucial to implement BPR successfully. So, as a firststep for efficiently adapting BPR, the most importantissue is to ensure the top management support andallocating all the necessary resources. Only thenincreased customer satisfaction along with theprofitability can be guaranteed within the Libyanbanking business area

Leveraging Face Recognition Technology for Secure ATM Transaction

ATM or Automated Teller Machines are widely used by people nowadays. Performing cash withdrawal transactions with ATMs is increasing day by day. ATMs are a very important device throughout the world. The existing conventional ATM is vulnerable to crimes because of the rapid technology development. A total of 270,000 reports have been reported regarding debit card fraud and this was the most reported form of identity theft in 2021. A secure and efficient ATM is needed to increase the overall experience, usability, and convenience of the transaction at the ATM. In today's world, the area of computer vision is advancing at a breakneck pace. The recent progress in biometric identification techniques, including fingerprinting, retina scanning, and facial recognition has made a great effort to rescue the unsafe situation at the ATM. Specifically, the goal of this project is to give a computer vision method to solve the security risk associated with accessing ATM machines. This project proposes an automatic teller machine security model that uses electronic facial recognition using Deep Convolutional Neural Network. If this technology becomes widely used, faces would be protected as well as their accounts. Face Verification Clickbait Link will be generated and sent to bank account holders to verify the identity of unauthorized users through some dedicated artificial intelligent agents, for remote certification. However, it is obvious that man’s biometric features cannot be replicated, this proposal will go a long way to solve the problem of account safety making it possible for the actual account owner alone to have access to his accounts. This eliminates the possibility of fraud resulting from ATM card theft and copying. The experimental results on real-time datasets demonstrate the superior performance of the proposed approach over state-of-the-art deep learning techniques in terms of both learning efficiency and matching accuracy

The Effect of Financial Innovation on the Financial Performance of Financial Institutions in Cameroon

Purpose: The study sought to investigate the effect of financial innovations on financial performance of depository financial institutions in Cameroon. The specif objectives of the study were to examine the effect of product, process and institutional innovation on the financial performance of financial institutions Methodology: The study adopted a cross sectional research design. Purposive and convenience sampling methods were used to select 210 respondents from 75 financial institutions in Cameroon. Primary data was collected using a self-administered questionnaire. Data collected was sorted, coded and analyzed using the Statistical Package for Social Sciences (SPSS v22.0). Data collected was analysed descriptively with the use of mean and inferentially with the use of ordered logit regression model and Pearson correlation metrix to establish the relationship between the dependent variable and the independent variables and the results were presented in tables. Findings: The findings show that increased financial innovation through process and institutional innovation can increase financial performances. For the basic regression used to find banks’ performance, the analysis indicates that process and product innovation, measured by the ATM, POS, mobile banking and credit card, significantly influences financial performance of financial institutions. Although there is no significant effect of institutional innovation on financial performance, there is still a positive effect. Unique Contribution to Theory, Policy and Practice: The study therefore recommended that further study can be carried out on the effect of financial innovation on performance of depository financial institutions using different methods. In addition, depository financial institutions should transform banking service by adapting to process innovation so as to increase access to financial services.

The Role of Financial Institution Facilities in Ensuring Customer Contentment in Commercial Banking Institutions in Bamenda-Cameroon

Banks across the globe have been experiencing fast changes in recent years. The banking industry in particular has benefited greatly from the expansion of information technology which has allowed for numerous delivery routes for online consumers and the rapid resolution of concerns. This study seeks to find out the role of financial institution facilities in ensuring customer contentment in commercial banking institutions in Bamenda-Cameroon. A questionnaire was used in the study and it was administered to bank employees, government employees and some business owners. Simple random sampling technique was employed as a sample technique and simple linear regression analysis was used to analyze the data. The population size for this study was 700 and a total of 280 questionnaires were distributed but 254 questionnaires were returned resulting to a sample size of 254. The findings of this study revealed that frequent use of ATM cards has a significant positive effect on consumer contentment, financial institution facilities also has a positive effect on the consumer contentment and internet banking has a significant negative effect on consumer contentment. Digitalization of banking activities also helps to reduce fraud because information cannot be altered. The study recommends that financial institution facilities should involve uploading of documents for account opening and loan request. Consumer contentment is priority to achieving banking goals based on the quality of services provided by banks to meet the needs of customers. It is recommended that banks should improve on the quality of digitalized services in order to increase the customer base of the bank.

Compliance, livelihood support, and challenges of the Pantawid Pamilyang Pilipino program of the local government unit

The 4Ps aim to strengthen the social protection system and reduce poverty in Philippines. Thus, this determined the 4Ps compliance in health and nutrition and education in a component city in Southern Negros Occidental, Philippines as assessed by the implementers and exit beneficiaries relative to designation and beneficiary location. It also profiled the livelihood support among beneficiaries in terms of medium enterprise development and employment facilitation. Likewise, it identified the challenges in the 4Ps implementation. Also, it investigated the difference in the compliance when grouped to demographics. Using the descriptive-comparative design, 151 implementers and 270 beneficiaries responded to the researcher-made questionnaire and checklist. In analysis, mean, standard deviation, and Kruskal Wallis were employed. Meanwhile, the researcher adhered to the Philippine Health Research Ethics Board. Generally, the compliance is very great. Regarding the livelihood support, few beneficiaries received the seed capital of P15,000.00 and employment facilitation fund of P5,000.00. The lack of vehicle, supplies, venue, and inaccessible roads were among the logistics and personnel issues. In knowledge and communication, challenges are on illiteracy, language barrier, lack of training on family and child-related issues. The inability to use ATM cards and pawning were issues too. Meanwhile, there was no difference in the compliance when grouped to demographics. Hence, the findings are instrumental in the continuous improvement of the program’s compliance.

Criminalization of Forgery of Electronic Payment Cards in Jordanian Legislation

The article analyses the penal protection of electronic payment cards from forgery through a linguistic and virtual description of the notion of electronic payment cards. In addition to identifying the types of these cards, such as the credit card, the ATM card, and the debit card, the research also dealt with the offence of forgery of electronic payment cards by defining forgery and its forms, showing the jurisprudential difference in the application of the traditional forgery provisions in the Penal Law on Electronic Forgery, and also the Jordanian judiciary viewpoint regarding this topic through its judgments. The research concluded that the offence of forging electronic payment cards is based on the availability of three elements: the material element related to conduct based on changing the truth, the moral element, which is public and private intentions, and the necessity of the availability of the harm element. Also, the research came out with a recommendation that the Jordanian legislator should intervene in determining the bond or manuscript that may be exposed to forgery and determining its types and all its methods, in addition to developing texts for the definition of electronic payment cards, regulating its rules, and increasing its legal protection.

A Digital Forensics Model for the Examination of QR Code and Android App to Investigate Aadhaar Card Identity Fraud

There are various new-age crime rackets reported with the help of digital technology and such cases are routinely investigated by the police and digital forensics analysts. In the course of investigation of different rackets such as Aadhaar card, ATM card, PAN card, ration card, voter identity card, passport, fake Indian currency note, various electronic gadgets such as mobile phones, laptops, desktops, biometric scanners, GPS devices, SIM cards, portable skimmers and hi-tech printers are usually taken from the fraudsters for digital forensics analysis. In one case, some Aadhaar cards, mobile phones, laptops, SIM cards and memory card were seized from some suspected airline passengers by the law enforcement agency. All the key probe elements were received for digital forensics examination. In this paper, we propose a digital forensics model for decoding a distorted QR code and specialized Android app used in the creation of fake Aadhaar cards. This model comprised a new algorithm to decode QR codes and recovery of background data including resources associated with the QR code. The proposed model was tested with a QR code retrieved from a suspect’s laptop and Aadhaar card document. The Android app used for preparation of fake Aadhaar card was analyzed in our model and also checked in a mobile phone to verify data generated through the app. The result of the analysis detects fake Aadhaar cards. Further, examination of mobile phones and laptops revealed various technical data, supporting link evidence for preparing disputed fake Aadhaar cards for ID proof.

Analisis Manajemen Kontrol Bank Syariah Indonesia Dalam Penanganan Permasalahan Pengguna Automatic Teller Machine (ATM)

This research uses qualitative research methods, this research is also called artistic research because this research is less patterned or more varied in nature. Interpretation of data collected in the field during research is the main focus of this research. With a case study approach, this research is a type of qualitative research. This research results that the application of control management is a function to supervise every activity that has been organized, control management is the last part of the management function where the control management function of the Automatic Teller Machine becomes the material for supervising activities on the machine which is then the result of the application of control management This will be reported and used as material for evaluating a company. Problems that commonly occur in transactions at Automatic Teller Machines include failure to withdraw cash, and ATM cards being swallowed, which are problems beyond the control of Bank Syariah Indonesia KCP Stabat KH Zainal Arifin

Digital Financial Inclusion and Remittances: An Empirical Study on Bangladeshi Migrant Households

Globally, large numbers of adults remain unbanked, and most of them live in rural areas of the Third World. The recent outbreak of the COVID-19 pandemic has shown us how inequalities in accessing financial services continue to affect us. However, digital financial inclusion has emerged as an effective tool used to tackle socioeconomic ills and drive economic development. In fact, due to these modern technological developments, the number of studies in this area is very limited, especially in the context of developing economies. This study examines the impacts of migrant remittances on digital financial inclusion within households in Bangladesh by using the Migration and Remittance Household Survey. To meet the research objectives of this study, a household survey was conducted and 2165 households interviewed in 2022–2023 in Bangladesh. The survey data collected was tested using univariate and multivariate estimations. This study finds that the coefficient of remittance has positive relationships with the probability of e-bank accounts and the use of mobile banking for a household’s financial transactions. However, the use of ATM cards by households for financial transactions has not been significantly affected. The article concludes that remittance flows may enhance access to and use of means of digital financial inclusion by reducing some of the barriers and costs in Bangladesh, which could greatly contribute to the country’s economic growth by creating and increasing a strong fund for investment. The findings of this study can help in taking various steps to facilitate the most powerful financial sector of Bangladesh, namely, remittance management.

ATM Security System Based on IOT

The evolution of technology has led to many innovations that ease our life, like digitisation, automation, Artificial intelligence, Data science, etc. Though these technologies are helpful, they come with a cost. Digitisation makes us more vulnerable to cyber-attacks and crimes. Digitisation in finance sectors like banks, stock markets and ATMs is more susceptible to theft and cyber-attacks as they hold a high financial risk. One concern that we are addressing and aiming to improve is the Security System of ATMs. ATM systems made financial transactions more accessible, but they pose a risk to Financial and customer security. Various ATM security systems were developed to combat thefts and cyber- attacks, but they address customer security issues like ATM card trapping, skimming, and cloning. We aim to provide security for the bank and Cash Management Company loading the cash in the ATM. The ATM security system we are developing ensures proper authorisation using a biometric sensor. Key Words: Security System; ATM frauds; Embedded systems; Internet of things(IOT); Automation; Authorisation; Microcontroller; Arduino; Control systems.

The policy implementation of DKI Jakarta Provincial Government social cash assistance during COVID-19 pandemic

Provision of social assistance in handling the impact of Covid-19 has been carried out in various countries since 2020. It also has been provided to communities which affected by Covid-19 in the DKI Jakarta Province in the form of groceries in 2020 and changed to cash in 2021, known as Bantuan Sosial Tunai (BST) or social cash transfer. In the previous studies, the implementation of the provision of social assistance in the form of groceries is considered as problematic issue in fact of the poor quality of assistance and invalid beneficiary data. This article intends to explain the implementation of policy in BST of DKI Jakarta Provincial Government during Covid-19 pandemic. Therefore, this article will uses the policy implementation framework from Mazmanian and Sabatier (1989) with three variables which are: the characteristics of the problem, the characteristics of the policy, and the environmental policy. This study uses a qualitative approach and descriptive study that aims to provide an overview of the implementation of the BST Provincial Government of DKI Jakarta. BST was given for 6 months, with total value of IDR 300,000/month/head of family. The results of the study show that the implementation has been carried out properly because it is supported by a complete set of rules (characteristics policy). Furthermore, the implementation has received support from the community, legislative branch, and the governor (environmental policy). There was a constraint that occurred in updating data and the process of distributing passbooks and ATM cards (characteristics of the problem).

Advanced High Secured Smart ATM System

Abstract: Automated Teller Machines are widely used nowadays by people. But It’s hard to carry their ATM card everywhere, people may forget to have their ATM card or forget their PIN number. The ATM card may get damaged and users can have a situation where they can’t get access to their money. In our proposal, use of biometrics for authentication instead of PIN and ATM card is encouraged. Here, The Face ID is preferred to high priority, as the combination of these biometrics proved to be the best among the identification and verification techniques. The implementation of ATM machines comes with the issue of being accessed by illegitimate users with valid authentication code. This project provides service to the user only when the user is legitimate or the user is verified by the legitimate user of the ATM card. The users are verified by comparing the image taken in front of the ATM machine, to the images which are present in the database. If the user is legitimate the new image is used to train the model for further accuracy. This system uses openCV to process the image being obtained and Haar Cascade Classifier to detect the faces in the image. The face recognition is done using Local Binary Pattern.To overcome these problems,the project ’ATM Security system based on Face recognition, PIN and OTP’ consists of conventional features ie is Personal Identification Number (PIN) along with additional features like face recognition and one-time password (OTP) is used. Database holds information about a user’s account details, images of his/her face and a mobile number which will improve security to a large extent.

Research Paper on ATM Based on Face Recognitions System

Abstract: Automated Teller Machines are widely used nowadays by people. But it’s hard to carry their ATM card everywhere, people may forget to have their ATM card or forget their PIN number. The ATM card may get damaged and users can have a situation where they can’tget access to their money. In our proposal, use of biometrics for authentication instead of PIN and ATM card is encouraged. Here, The Face ID is preferred to high priority, as the combination of these biometrics proved to be the best among the identification and verification techniques. The implementation of ATM machines comes with the issue of being accessed by illegitimate users with valid authentication code. The users are verified by comparing the image taken in front of the ATM machine, to the images which are present in the. If the user is legitimate the new image is used to train the model for further accuracy. Thissystem uses open CV to process the image being obtained and Hear Cascade Classifier to detect the faces in the image. The face recognitions done using Local Binary Pattern.

ATM Based Face Recognitions System

Abstract: Automated Teller Machines are widely used nowadays by people. But it’s hard to carry their ATM card everywhere, people may forget to have their ATM card or forget their PIN number. The ATM card may get damaged and users can have a situation where they can’t get access to their money. In our proposal, use of biometrics for authentication instead of PIN and ATMcard is encouraged. Here, The Face ID is preferred to high priority, as the combination of these biometrics proved to be the best among the identification and verification techniques. The implementation of ATM machines comes with the issue of being accessed by illegitimate users with valid authentication code. The users are verified by comparing the image taken in front of the ATM machine, to the images which are present in the. If the user is legitimate the new image is used to train the model for further accuracy. This system uses open CV to process the image being obtained and Hear Cascade Classifier to detect the faces in the image. The face recognitions done using Local Binary Pattern.